“…Researchers extensively investigate the predictive power of Central Bank statements in forecasting a wide range of economic variables, including interest rates (Hubert & Labondance, 2021), output growth (Lima et al, 2021), inflation (Dräger et al, 2016), and multiple macroeconomic variables (Lin et al, 2022). They also use newspapers articles to analyze economic fluctuations and growth (Larsen & Thorsrud, 2019;Thorsrud, 2020), inflation and inflation expectations (Larsen et al, 2021), output growth (Martins & Medeiros, 2022), as well as several macroeconomic variables (Rambaccussing & Kwiatkowski, 2020;Kalamara et al, 2022;Barbaglia et al, 2022).…”